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Over the next 20 years in the U.S., $35–70 trillion in wealth will transfer from one generation to another in the largest generational wealth transfer in history, mostly moving within wealthy white families. The policies that make possible this protection and accumulation of wealth are situated within the legacy of land theft, genocide of Native people, enslavement of Black people, and exploitation of natural resources. This context of racial capitalism has also given rise to wealth accumulation that, in part, birthed the philanthropic sector. Paradoxically, many of us working within philanthropy aim to contribute to changes in systems, structures, and outcomes that address the harms of interconnected systems like racial capitalism that favor some at the expense of others and the planet.
n mid-April, 18 funders from throughout California traveled to Fresno for the California Criminal Justice Funders Group Central Valley Funder Convening. They were joined by 20 movement leaders representing community organizations throughout the Central San Joaquin Valley from Stockton to Bakersfield. Take a look at the report back, here.
The COVID-19 vaccine will help keep communities healthy and safe and holds promise to bring an end to the pandemic that has had the most severe impacts on Black, Latinx, Indigenous, AAPI, immigrant, and low-income people. Systemic racism created the conditions that put people of color at greater risk of contracting COVID-19 and experiencing more severe health outcomes, and despite this urgency, California’s vaccination effort so far has fallen short of equity goals. We must reach and authentically engage local communities to remove barriers to access and address concerns to increase vaccine acceptance.
The lunar new year of the tiger began on February 1, so it's still a new year which means we have an opportunity for a fresh start. Leaders and staff in organizations from different sectors use the phrase “racial equity” or “diversity, equity, and inclusion” and talk about it but sometimes there is a disconnect between talking and acting on what it means to operationalize racial equity.
Resourcing and strengthening our nonprofit ecosystem requires holistic grantmaking and bold innovation. It requires foundations to leverage all of their tools to support organizations in achieving their mission. Working together, we can build a nonprofit ecosystem that has the strength and resilience to win.'
Join Philanthropy California and The Investment Integration Project for an information session on the Systems Aware Investing Launchpad (SAIL).
In 2021, NCG issued a call to the sector to confront existential challenges - convergent and increasing large-scale climate disasters, gaping racialized economic inequities, and drastically inadequate infrastructure and housing - by responding with coordinated, long-term, bold approaches